Credit: Adobe Stock Pressure on UK Law Firms as US Competitors Raise NQ Pay Again
As US firms match the Cravath scale, domestic UK firms will fear falling too far behind.
January 26, 2024 at 03:00 PM
4 minute read
Lawyer Compensation - Law Firm
The original version of this story was published on Law.com International
A number of U.S.-centric firms across London have started to once again raise salaries for their newly qualified (NQ) associates, matching the Cravath scale, in turn adding pressure to U.K-headquartered firms which have been slower to review their junior pay structures.
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